Indianapolis Duplex 3/2 & 1/1

[Kathy Corressell]

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $285,000
Cash invested: $20,000

Duplex 2 miles outside of downtown Indianapolis. 3/2 and 1/1. 1/1 was rented below market at 900/month, now rented for 1450. 3/2 underwent minor reno and fully furnished to use for short term rental. Currently rented to travel nurses for 2600/month. Mortgage/tax/ins is 1400/month.